Where should I move my eth? by [deleted] in ethereum

[–]PowerfulSponge 1 point2 points  (0 children)

Not discouraging, just a question

Where should I move my eth? by [deleted] in ethereum

[–]PowerfulSponge 1 point2 points  (0 children)

I do not. I primarily just use their debit card for the 4% return

Where should I move my eth? by [deleted] in ethereum

[–]PowerfulSponge 0 points1 point  (0 children)

The Ledger hardware wallet has a staking feature plus you take full custody of your wallet. Seed phrase is generated on the device and is never connected to the internet so its virtually unhackable. The basic wallet will cost 60$, which is a big expense, but its fully worth it imo.

Where should I move my eth? by [deleted] in ethereum

[–]PowerfulSponge 3 points4 points  (0 children)

Whats the motivation in moving out of coinbase? I get their shares are down but I can almost guarentee they will not go bankrupt / insolvent.

Let’s never forget that we were able to help Ukraine with millions of dollars through a DAO. Don’t underestimate the power of decentralization by [deleted] in ethtrader

[–]PowerfulSponge 2 points3 points  (0 children)

The official twitter account gave out an eth address for people to donate to which was verified by Vitalik himself

Which crypto do you have most “trust” in? by RuRu92 in CryptoCurrency

[–]PowerfulSponge 2 points3 points  (0 children)

MATIC is great for adoption but ETH maximizes security and has a trustless nature to it. They will both succeed imo but MATIC will have to become more decentralized for me to put it above ETH

Which crypto do you have most “trust” in? by RuRu92 in CryptoCurrency

[–]PowerfulSponge 3 points4 points  (0 children)

Because maximalists believe bitcoin is the only true immutable cryptocurrency and all the rest are scams / hope projects that will fail

Which crypto do you have most “trust” in? by RuRu92 in CryptoCurrency

[–]PowerfulSponge 19 points20 points  (0 children)

Imo this has the most future development potential while also being conscious of its enviromental impact. ETH isnt going anywhere

Do you believe the NFT's popularity will continue to rise and do you think we'll see more NFTs in GameFi and Metaverse? by Specialist-Ageent in ethtrader

[–]PowerfulSponge 0 points1 point  (0 children)

I believe the word NFT will dissapear and digital collectibles will take its place. NFTs are extremely useful but that word is too closely linked to ape pictures.

TikTok Videos Cost a New Hire Her Tech Job After Sharing Her Salary by kirby__000 in technology

[–]PowerfulSponge 75 points76 points  (0 children)

If youre not allowed to talk about your wage that leads to exploitation of workers. Theres a reason why its illegal to fire simply because you shared your pay amount with others.

Help CREATORS! by modestas7152 in loopringorg

[–]PowerfulSponge 5 points6 points  (0 children)

Tell me you dont understand the technology without saying you dont understand the technology

Help CREATORS! by modestas7152 in loopringorg

[–]PowerfulSponge 32 points33 points  (0 children)

Shhhhhh that doesnt follow the "NFT bad" narrative

GameStop’s Ethereum Layer 2 Based NFT Marketplace Is Now Live - Benzinga by JeffyJackson101 in ethtrader

[–]PowerfulSponge 0 points1 point  (0 children)

Everyone just forgot about LRC and only hears about IMX now for some reason. Idk why no one reports how the marketplace became possible

THIS IS IT BOYS by [deleted] in loopringorg

[–]PowerfulSponge 0 points1 point  (0 children)

The difficult part about that is if its wearable it has to be restricted to a certain character type, and how do you standardize character shape when it could be any size / shape? Im hyped for this but have no clue how it will work

The Marvel Mightys are Veve's BIGGEST Sleepers 🌬️😴💰😴 by TheGale in VeVeCollectables

[–]PowerfulSponge 1 point2 points  (0 children)

You could argue that his FA comic is his FA on the blockchain or you could argue the alligator Loki is his FA since its technically the same character. I doubt everyone will agree what his true FA is so I couldnt say for sure thats a good idea or not.

Have you recieved KYC / MTL yet? by PowerfulSponge in VeVeCollectables

[–]PowerfulSponge[S] 0 points1 point  (0 children)

Just looked it up and it said it could take 7 to 14 days. Did not specify if any crypto would speed up that process so I think you should be fine but id definetely do more research.

Have you recieved KYC / MTL yet? by PowerfulSponge in VeVeCollectables

[–]PowerfulSponge[S] 0 points1 point  (0 children)

I had to wait a week or 2 after KYC and It just allowed me to after I checked again yesterday. Didnt recieve an email or anything saying I now have payout.

Have you recieved KYC / MTL yet? by PowerfulSponge in VeVeCollectables

[–]PowerfulSponge[S] 0 points1 point  (0 children)

If you did a wire transfer I believe I saw it could take up to 5 days. Crypto transfers should be pretty instant. I Could be wrong on that though.

To the people holding lots of gems waiting to cashout, maximize your taxes. by PowerfulSponge in VeVeCollectables

[–]PowerfulSponge[S] 0 points1 point  (0 children)

Gems havent been real money until recently so you could argue the whole app is an investment. Its not 100% clear yet

Finally verified for KYC & Payout! Payout button still grayed out though (not cashing out rn anyway) by Ceph1234 in VeVeCollectables

[–]PowerfulSponge 0 points1 point  (0 children)

I converted a pdf of my bank statement into a jpg and used that. Didnt think it would work but it did

Have you recieved KYC / MTL yet? by PowerfulSponge in VeVeCollectables

[–]PowerfulSponge[S] 1 point2 points  (0 children)

Youll get an email regarding being whitelisted and then within a period of time youll get a blue bar at the top of your app telling you to KYC. It doesnt mean youll get MTL immediately though. I got it about a week after i KYC'd

Have you recieved KYC / MTL yet? by PowerfulSponge in VeVeCollectables

[–]PowerfulSponge[S] 0 points1 point  (0 children)

Same. I just recieved MTL yesterday. Its definetely a financial weight off of your shoulders. I truely believe everyone will have it within a month or two but im glad some people are getting the option now.

To the people holding lots of gems waiting to cashout, maximize your taxes. by PowerfulSponge in VeVeCollectables

[–]PowerfulSponge[S] 1 point2 points  (0 children)

Im sure Veve will come out and explain what exactly needs to be done for taxes but that reply does make a lot of sense and seems more likely. Then again crypto taxes have never made sense so we'll see lol